Matson Inc..
MATX.US | Sea and coastal freight water transport
Matson, Inc. is a transportation services company operating primarily in the Pacific region. It provides ocean transportation and freight forwarding services. Its ocean transportation services include providing a vital lifeline to the economies of Hawaii, Alaska, Guam, Micronesia, and other islands ...Show More
Better Health for All
0
Matson's core business as a transportation services company means its principal goods and services have a neutral health impact, and it does not generate revenue from products with negative health outcomes. Therefore, KPIs such as health impact of core services, harmful revenue share, price accessibility, risk transparency, health innovation investment, preventative health measures, healthcare data responsibility, pharmaceutical patent flexibility, nutrition and food safety, addiction mitigation, and clinical trial ethics are scored as neutral or not applicable. The provided articles do not contain specific, quantifiable evidence for other health-related KPIs, including safety record, vulnerable reach, health externalities, health equity programs, healthcare workforce support, global health crisis response, mental health initiatives, or healthcare education, preventing their assessment against the rubric's quantitative thresholds.
Fair Money & Economic Opportunity
0
Matson Inc. is primarily a transportation and logistics company, not a financial institution that lends, insures, moves, or stores money for consumers. As such, most KPIs related to consumer financial services are not applicable to its core business. The company does not offer lending or deposit services to consumers, nor does it have consumer credit products, high-cost financial products, or a loan/insurance book. Consequently, KPIs such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (loan/insurance book), data accessibility, fair lending compliance, wealth building outcomes, debt burden ratio, geographic inclusion (financial access points), and product simplicity are scored 0 as per the rubric's 'not applicable' tiers. The KPI for profit reinvestment was omitted due to the absence of reported annual pre-tax profit, which is necessary to calculate the required percentage. The KPI for financial literacy initiatives was omitted as the provided evidence for Matson Money's programs did not include the percentage of customers reached or specific measured outcomes required by the rubric.
Fair Pay & Worker Respect
20
Matson's CEO-to-median employee pay ratio was 45:1 in 2024.
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In the same year, 69% of its global workforce was covered by collective bargaining agreements.
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The company's average total employee turnover rate was 9% in 2023.
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For safety, Matson reported a shoreside Lost Time Incident Rate of 4.49 per 200,000 hours worked in 2023, and an offshore rate of 0.73 for the same period.
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The company states it conducts annual gender and racial pay equity analyses and makes adjustments, but specific ratios are not disclosed.
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Matson also reports that its entry-level pay in Alaska, Hawaii, and Guam averages approximately twice the local minimum wage.
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No specific percentage of the workforce covered by a living wage or employer-funded health insurance is provided. Employee survey results for engagement scores are not available, only participation rates. The company did not identify any incidents of discrimination in 2022 or 2023.
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Data on the share of the workforce on insecure contracts is not compiled annually, and a comprehensive count of all labor-law violations in the past three years is not available.
Fair Trade & Ethical Sourcing
0
No quantitative data relevant to Fair Trade & Ethical Sourcing KPIs was found in the provided articles. The articles discuss general sustainability initiatives
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, corporate governance
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, and a commitment to ethical conduct
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, but do not provide specific metrics such as fair-trade certification share, audit frequency, number of forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage in contracts, share of high-risk materials, or supplier diversity spend.
Honest & Fair Business
-10
Matson Inc. incurred a $2.2 million civil penalty in April 2023 from the California Air Resources Board for shore power usage violations in 2020, 2021, and 2022.
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The company's 2022
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and 2023
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Sustainability Reports were not externally assured, indicating a lack of independent verification for ethical claims within these reports. Matson maintains a comprehensive anti-corruption policy that applies worldwide to all personnel and partners, includes risk-based training, and reported zero confirmed incidents of corruption in 2023.
4
The board of directors has 86% independent members.
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Additionally, Matson has a confidential, third-party operated reporting hotline for ethics concerns,
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provides protection from retaliation,
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and ensures 100% of required employees and contractors are trained on its Code of Conduct, which covers ethics.
8
Kind to Animals
0
Matson committed $1 million to the Woods Hole Oceanographic Institution (WHOI) for the research and development of Whale Detection Cameras, with three Matson vessels participating in testing.
1
One vessel recorded 1,169 verified detections of whales and dolphins in three months.
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Matson adjusted routes in August 2023 to minimize time in whale protection zones.
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The company significantly improved its voluntary speed reduction compliance in whale protection zones, moving from an 'F' grade (17.5% compliance) in 2022 to an 'A' grade (86% compliance) in 2024, as reported by Whale Safe.
4
No War, No Weapons
0
No evidence available to assess Matson Inc. on No War, No Weapons.
Planet-Friendly Business
0
The provided articles detail Matson Inc.'s environmental goals, future investments in cleaner technologies, and compliance with certain environmental regulations. This includes a stated Scope 1 fleet emissions reduction goal of 40% by 2030 from a 2016 baseline
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and a net-zero target by 2050
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. The company has invested in LNG-capable vessels
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and shore power infrastructure
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, and has been recognized for exceeding 90% compliance in the Port of Long Beach's speed reduction zone since 2006
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. Additionally, Matson has LEED-certified buildings in Oakland, CA, and Savannah, GA
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. However, the articles do not provide specific, achieved, quantitative data points for any of the defined KPIs, such as total annual emissions, the percentage of operational energy from renewables, the percentage of green-certified facilities, or the number of annual environmental compliance violations. Information on future plans, goals, or general compliance without specific quantitative outcomes cannot be used for scoring according to the strict rules. Therefore, no KPIs can be scored based on the evidence provided.
Respect for Cultures & Communities
30
Matson supported 719 charitable organizations and non-profit programs in 2024.
1
There are no reported cultural appropriation incidents in the provided articles.
Safe & Smart Tech
20
Matson has not identified any material cybersecurity incidents in the last fiscal year
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, and no data breaches have occurred in the past three years. The company maintains a strong security program with a preventative focus, including incident response plans, regular risk assessments, and third-party audits.
2
Matson demonstrates a strong commitment to employee security training, with 99% of required employees and contractors completing annual cyber and information security training in 2023
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, complemented by additional and enhanced training for specific topics and sensitive information access.
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The company holds several security certifications, including being certified to ISPS and MTSA requirements
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, maintaining verified C-TPAT membership since 2003
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, and designing its program based on ISO 27001 best practices.
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For user data control, Matson provides above-average options, allowing users to request access, update, or delete their personal information via multiple channels.
8
California residents are explicitly granted rights under CCPA and CPRA, including the right to know, access, correct, delete, and opt-out of data sale or sharing.
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The company also demonstrates good regulatory compliance, adhering to ISPS Codes, MTSA, Bio-terrorism Act of 2002, CCPA, and CPRA
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, and achieved zero deficiencies in MARAD and ABS audits for EMBARC compliance in 2023.
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Zero Waste & Sustainable Products
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Matson demonstrated a significant failure in its waste management practices by sending the vessel MOKIHANA to Alang, India for scrapping in February 2026, which is considered a violation of the Basel Convention.
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This action reversed Matson's 2015 public commitment to avoid beach-based ship dismantling.
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Despite stating it requires vessels to be recycled in facilities complying with U.S. and international environmental and safety standards, the chosen facility in India is not authorized under the Hong Kong Convention, indicating a severe lapse in supplier waste requirements.
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However, Matson also shows positive efforts in other areas. The company has a goal of zero significant spills (defined as more than one barrel of fuel or other hazardous substance) and successfully met this goal in 2023.
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Matson partners with environmental organizations to collect and transport hazardous waste from rural Alaska villages for proper disposal or recycling.
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Furthermore, Matson was the first container vessel operator to adopt a zero solid waste discharge policy in 1993, utilizing 'greentainers' on all vessels.
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Its Ka Ipu ‘Aina cleanup program, established in 2001, has partnered over a thousand times with non-profits, contributing over $1 million to charities.
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In 2023, Matson provided a $500,000 grant to the Ocean Voyages Institute for ocean cleaning vessels and over $1.3 million in grants and in-kind support to nearly 50 regional environmental projects.
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